1-bedroom flat · DN22 6RE
For saleListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Investor opportunity only We are pleased to welcome this contemporary one double bedroom second floor apartment to the market, presenting a gross rental yield of 7.89% if purchased at the asking price.
Beautifully presented throughout, the living accommodation briefly comprises an entrance hall, open plan kitchen lounge diner, double bedroom benefitting from an integral wardrobe, and a shower room.
A single allocated parking space resides close by.
Conveniently located on a modern development in Retford, 100 Waterfields is just a brief walk from the town’s wealth of everyday amenities, entertainments facilities, restaurants, boutiques, and schools for all age groups.
Retford Train Station, offering a direct line to London King’s Cross in less than 90 minutes at selected times, is also within easy reach.
Viewings are highly recommended to fully appreciate the rental opportunity and prime town setting being offered for sale.
EPC Rating: C Entrance Hall: With access to handy storage cupboard, centre light point and continuing into: Kitchen Diner: (2.41m x 4.85m) A range of eye and base level units with laminate worksurfaces and tile splashback, stainless steel sink and drainer with chrome mixer tap, integrated four ring gas hob with concealed extractor fan above, integrated oven, space for fridge freezer, space and plumbing for washing machine, window to side elevation, tile effect laminate flooring and downlights to ceiling.
Lounge: (3.48m x 4.09m) With window to side elevation, and two ceiling light points.
Bedroom: (3.23m x 4.09m) Benefitting from an integral wardrobe with hanging rail and shelving, window to side elevation and centre light point.
Shower Room: (1.29m x 1.85m) A three piece suite comprising of pedestal wash hand basin, low level WC, and shower enclosure with overhead mains fed shower handset, partially tiled walls, wood effect vinyl flooring and downlights to ceiling.
Outside: Outside sees a single allocated parking space. Tenure & Charges: Tenure: Leasehold- Property being sold with an existing tenant in situ under an Assured Tenancy.
Length of Lease Remaining: Approx. 102 years Local Authority: Bassetlaw District Council Annual Ground Rent Amount: Approx. £200 per annum Annual Maintenance Charge Amount: Approx.
£589.18 semi-annually Maintenance Charge Review Period: Annually Disclaimer Please note: Whilst every effort is made to ensure the accuracy of these details, Alexander Jacob Ltd cannot guarantee that all information is complete or free from error, and applicants should not rely solely on this information.
Money Laundering Regulations: Prospective tenants will be required to provide identification documentation during the referencing process. Your cooperation is appreciated to avoid delays.
Particulars: These details are provided for guidance only and do not form part of any offer or contract. Measurements: Room sizes are approximate and for general guidance only.
Applicants must verify dimensions themselves. Photographs and plans may not be comprehensive. Enquiries: Applicants should make their own enquiries regarding furnishings and parking.
Tenancy: A formal agreement and inventory will detail the condition and contents. Please read and agree to all documents before signing.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 100 Waterfields, Retford
Explore nearby